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Questions and Answers
Where do most schools get their money from?
Where do most schools get their money from?
- Charitable donations
- Parents
- Local businesses
- The government (correct)
What is the term for the tax that is applied when you buy something like a new phone?
What is the term for the tax that is applied when you buy something like a new phone?
- Council tax
- Income tax
- Value Added Tax (VAT) (correct)
- Property tax
What is the purpose of taxes on fizzy drinks, alcohol, and cigarettes?
What is the purpose of taxes on fizzy drinks, alcohol, and cigarettes?
- To fund infrastructure projects
- To raise money for schools
- To discourage people from consuming harmful products (correct)
- To improve healthcare services
What type of tax is council tax?
What type of tax is council tax?
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Approximately how much does the government expect to raise in a year from taxes?
Approximately how much does the government expect to raise in a year from taxes?
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What does income tax refer to?
What does income tax refer to?
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